Bitcoin miner reserves drop by 3,400 BTC since April 7 as BTC trades above $80,000

Bitcoin moved back above $80,000 for the first time since early February after holding relatively steady since the start of April. Since April 7, miner-linked wallets have sent about 3,400 BTC out of reserves as BTC rose from roughly $72,000 to around $82,790, a pattern analysts say reflects profit-taking. BTC was last cited near $80,287, up 0.8% in 24 hours and about 3% over seven days.